GOLD is the﻿ money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Monday, November 7, 2011

Mike Maloney : Gold $20,000/oz

This is the presentation Mike Maloney gave at a private wealth creation group in Puerto Rico. This is the most all-inclusive presentation I have ever seen and heard on this subject; it explains "why" the current global economic debt levels cannot be sustained. All this information is in﻿ his book, "Rich Dad’s Advisors: Guide to Investing In Gold and Silver: Everything You Need to Know to Profit from Precious Metals Now" If you want to protect your assets, follow Mike I read Mike's book two years ago and it has quite literally changed my life and my financial well being. Most of the folks I know are terrified of the future. .I look into my safe and see﻿ stacks of silver and know that the future is bright indeed..Mike Maloney will be a hero one day. For waking up as many people as he could before the oncoming collapse. To give us all a big chance at﻿ surviving and caring for our families during times when all the money we have worked so hard for, suddenly becomes worthless.The central banks will only do and only allow governments to do one thing to reduce the weight of debt, and that is to monetize it. They will never get behind outright default under any circumstance. Their complete existence depends on the people having only one means of trade, and that is a fiat currency. They would rather see a currency become worthless enough that no one can afford to purchase gold and silver. Fractional reserve

Nice post, If the stock market is putting in a top, we could be sitting on a period in which rare coins begin to outpace the price of gold bullion by an even greater margin than we have seen over the past four or five years. There have been periods in history when rare gold coins have gone up, in some instances dramatically, while bullion was either flat or actually went down in price. The ultimate bull market for coins occurred in the late ‘80s, peaking in the summer of 1989. At that time gold was only trading for about $360 an ounce.